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Thursday, March 1st, 2007

Birmingham Real Estate Void

The exists today a void. A void of new construction single family homes between the price of $150K and $200K in popular residential areas such as Pelham, Helena, Hoover, and Alabaster. This has created unique opportunities for residents in established neighborhoods with homes priced to sell with in the void’s price range. This juxtaposition is something I find rather amusing. It was just a few years ago that these established neighborhoods were taking a beating by all the new construction homes sprouting up all over the Birmingham area. Now, it’s payback time.

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